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Russia to Ban Crypto Mining in Key Regions as Energy Shortages Intensify

Russia is moving to ban cryptocurrency mining in energy-restricted regions, citing severe power shortages that could jeopardize long-term stability until 2030. Crypto Miners Face a Major Blow in Russia’s Energy-Restricte...

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Russia to Ban Crypto Mining in Key Regions as Energy Shortages Intensify
Russia is moving to ban cryptocurrency mining in energy-restricted regions, citing severe power shortages that could jeopardize long-term stability until 2030. Crypto Miners Face a Major Blow in Russia’s Energy-Restricted Zones Russian Deputy Energy Minister Yevgeny Grabchak has stated that digital currency mining will soon be banned at the state level in several Russian regions […]

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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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